Forest Knolls94933

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$838,000
5.4% YoY Growth
Median Household Income
$129,000
62.7% 5-Year Growth
Days on Market
113
62.0% Shorter than last year
Home Price Forecast
-2.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Forest Knolls

As of Aug '25 and according to Realtor.com, the median days on market for a home in Forest Knolls is 113. This is an decrease of -62.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$969,000289.0%
Listing Count
2N/A
Listings as % of Homes0.3%N/A
Days on Market
113-62.0%
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Demographics — Forest Knolls

MetricLatest CensusYoY % Change
Population
1,26087.0%
% Under 18
19.1%26.5%
% Under 5N/AN/A
% Seniors
29.4%6.1%
% WFH
25.8%160.6%
% w/ College Degree
54.0%58.8%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
52.7%-34.9%
% Black
4.5%1,025.0%
% Hispanic
25.8%38.7%
% Asian
7.1%∞%
% Foreign Born
11.6%∞%
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Mortgage and Risk — Forest Knolls

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Forest Knolls in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Forest Knolls. Investor activity in Forest Knolls is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Forest Knolls

As of 2024, the percent of homes in Forest Knolls under the Section 8 program is 6.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
6.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$3,230
2 BedroomN/AN/A$3,850
3 BedroomN/AN/A$4,800
4 BedroomN/AN/A$5,100

Affordability — Forest Knolls

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio7N/AN/A
Median Home Price$838,000N/AN/A
Median Household Income$129,000N/AN/A

Forest Knolls — ZIP Code Boundary Map

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